Also, DSCR loans offer 30 yr amortization and 30 yr rate locks currently.

But worst case, a DSCR loan would be available to you (as long as you have a downpayment).  

You may never get the opportunity to get those loans and those interest rates ever again. 

You mention the ARV so I'm assuming you're either BRRRRing or using a loan to purchase. 

I know that most home loans require you to live in house for at least a year prior to renting out, so my question is on how to work around this and be able to rent out the property soon after purchasing?  

💡 Good Economy, Costly Loans: A robust job market attracts homebuyers, but it also signals to the Federal Reserve not to lower interest rates.💰 Borrowing Bumps: While the Fed doesn't control mortgage rates directly, a high-interest environment means pricier borrowing, including home loans.🔮 Future Outlook: Despite the spike, experts predict a dip to the low-6% range by 2024.

Add up all your bills monthly on your credit report- mortgage, taxes, insurance, auto loans, student loan balances X 1%, any other debts  and multiply that total X 12 = the amount of savings you need.IF you decide to get mortgages keep your income total to 36% of every single debt.

Of course, we are going to get a vacation home loan.

Furthermore, if this is a duplex you intend on holding, is there a pre-payment penalty or a stabilized release built into the loan?

I am looking to take advantage of my VA loan and move into a 3 or 4 unit househack with my partner.